(29 OCTOBER 2018)GBP/USD:The upside prevails.

(29 OCTOBER 2018)GBP/USD:The upside prevails.

29 October 2018, 09:14
Jiming Huang
0
69

gbp

Pivot (invalidation): 1.2810

Our preference

Long positions above 1.2810 with targets at 1.2865 & 1.2895 in extension.

Alternative scenario

Below 1.2810 look for further downside with 1.2775 & 1.2750 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL) 

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